Market Overview - The lighting equipment sector increased by 0.26% compared to the previous trading day, with Lida Xin leading the gains [1] - The Shanghai Composite Index closed at 3965.28, up 0.04%, while the Shenzhen Component Index closed at 13537.1, down 0.49% [1] Stock Performance - Lida Xin (605365) closed at 28.00, up 2.49% with a trading volume of 179,300 shares and a transaction value of 502 million yuan [1] - Qinsong Co. (002638) closed at 3.17, up 1.60% with a trading volume of 451,000 shares and a transaction value of 144 million yuan [1] - Minbao Optoelectronics (301362) closed at 41.67, up 0.73% with a trading volume of 5,142 shares and a transaction value of 2.14 million yuan [1] - Other notable stocks include: - Debang Lighting (603303) at 12.94, up 0.15% [1] - Zhitang (002724) at 6.80, down 0.15% [1] - Foshan Lighting (000541) at 6.04, down 0.17% [1] Capital Flow - The lighting equipment sector saw a net inflow of 94.62 million yuan from institutional investors, while retail investors experienced a net outflow of 69.36 million yuan [2] - The main capital inflow and outflow for key stocks include: - Lida Xin had a net inflow of 57.02 million yuan from main investors [3] - Union Shares (001326) saw a net inflow of 37.70 million yuan from main investors [3] - Qinsong Co. had a net inflow of 582.50 thousand yuan from main investors [3] - Notable outflows include: - Lida Xin had a net outflow of 4.15 million yuan from retail investors [3] - Union Shares experienced a net outflow of 60.40 million yuan from retail investors [3]

Core Viewpoint - The lighting equipment sector experienced a decline of 0.77% on December 26, with Greer leading the drop, while the Shanghai Composite Index rose by 0.1% and the Shenzhen Component Index increased by 0.54% [1]. Group 1: Market Performance - The closing price of Greer was 18.40, down by 2.08%, with a trading volume of 11,600 and a transaction amount of 21.44 million [2]. - The lighting equipment sector saw a net outflow of 9.07 million from institutional funds and 9.51 million from speculative funds, while retail investors had a net inflow of 18.59 million [2]. Group 2: Individual Stock Performance - Lianyu Co. (001326) closed at 46.35, up by 9.99%, with a trading volume of 20,900 and a transaction amount of 95.86 million [1]. - Xiaosong Co. (002723) closed at 8.59, up by 2.38%, with a trading volume of 173,600 and a transaction amount of 148 million [1]. - The stock of Greer (920641) had a net outflow of 735,900 from institutional funds, with a speculative net outflow of 3.17 million and a retail net outflow of 960,100 [3].

Market Overview - The lighting equipment sector increased by 0.34% on December 25, with Lianyu Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3959.62, up 0.47%, while the Shenzhen Component Index closed at 13531.41, up 0.33% [1] Individual Stock Performance - Lianyu Co., Ltd. (001326) closed at 42.14, up 4.64% with a trading volume of 10,200 and a transaction value of 41.96 million [1] - Other notable performers include: - Chufangyu (002724) at 6.86, up 1.63% [1] - Op Lighting (603515) at 18.43, up 1.54% [1] - Sanxiong Aurora (300625) at 12.09, up 1.17% [1] - Greer (920641) at 18.79, up 1.13% [1] Capital Flow Analysis - The lighting equipment sector experienced a net outflow of 9.885 million from institutional investors and 27.77 million from speculative funds, while retail investors saw a net inflow of 37.655 million [2] - Detailed capital flow for selected stocks includes: - Lida Xin (605365) with a net inflow of 8.1246 million from institutional investors [3] - Chufangyu (002724) with a net inflow of 3.5784 million from institutional investors [3] - ST Xingguang (002076) with a net inflow of 2.7125 million from institutional investors [3]

（编辑 任世碧） 证券日报网讯 12月18日晚间，佛山照明发布公告称，公司第十届董事会第十五次会议审议通过《关于 使用部分闲置募集资金进行现金管理的议案》《关于控股子公司转让其全资子公司49%认缴股权暨关联 交易的议案》《关于修订的议案》等多项议案。 ...

（编辑 任世碧） 证券日报网讯 12月18日晚间，佛山照明发布公告称，公司于2025年12月18日召开第十届董事会第十五 次会议，会议审议通过了《关于使用部分闲置募集资金进行现金管理的议案》，为提高募集资金使用效 率，增加公司收益，同意公司使用不超过7亿元暂时闲置募集资金进行现金管理，有效期为自公司董事 会审议通过之日起12个月。 ...

格隆汇12月18日丨佛山照明(000541.SZ)公布，为进一步优化资本结构、提升资金运作效率及效益，公 司控股子公司国星光电股份有限公司（简称"国星光电"）拟通过非公开协议转让方式，以3.59万元的价 格转让其全资子公司高州市国星光电科技有限公司（简称"高州国星"）49%认缴股权（对应出资额为 1,470万元）给广东广晟百千万高质量发展产业投资母基金合伙企业（有限合伙）（简称"百千万基 金"），引入其作为战略投资者，即百千万基金向国星光电支付股权转让价款3.59万元，并向高州国星 认缴1,470万元出资额。 ...

Group 1 - The core point of the article is that Foshan Lighting is optimizing its capital structure and enhancing operational efficiency by transferring 49% equity of its wholly-owned subsidiary, Gaozhou Guoxing Optoelectronics Technology Co., Ltd., to Guangdong Guangsheng Baijianwan High-Quality Development Industry Investment Fund Partnership for a nominal price of 35,900 yuan [1] - The strategic investor, Baijianwan Fund, will pay 35,900 yuan for the equity transfer and will also contribute 14.7 million yuan as registered capital to Gaozhou Guoxing [1] - As of the report date, Foshan Lighting's market capitalization stands at 9.2 billion yuan [1] Group 2 - For the first half of 2025, Foshan Lighting's revenue composition is as follows: 60.02% from lighting fixture manufacturing, 28.74% from electronic components manufacturing, and 11.24% from export trade and others [1]

Group 1 - The core point of the article is that Foshan Lighting (SZ 000541) held its 15th meeting of the 10th Board of Directors on December 18, 2025, to review the proposal for amending the "Board Secretary Work System" [1] - For the first half of 2025, Foshan Lighting's revenue composition is as follows: 60.02% from lighting fixture manufacturing, 28.74% from electronic components manufacturing, and 11.24% from export trade and others [1] - As of the report date, Foshan Lighting has a market capitalization of 9.2 billion yuan [1]

国泰海通证券股份有限公司 关于佛山电器照明股份有限公司 使用部分闲置募集资金进行现金管理的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐人"）作为佛山电 器照明股份有限公司（以下简称"公司"或"发行人"）向特定对象发行 A 股股票的 保荐人，根据《证券发行上市保荐业务管理办法》《上市公司募集资金监管规则》 《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》 等有关规定，对佛山照明使用部分暂时闲置募集资金进行现金管理的事项进行了 审慎核查，具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意佛山电器照明股份有限公司向特定对 象发行股票注册的批复》（证监许可[2023]1974 号）同意，公司向特定对象发行 A 股股票数量 186,783,583 股，每股面值 1.00 元，发行价格为 5.86 元/股，募集 资金总额为 1,094,551,796.38 元。扣除各项发行费用 6,136,307.56 元（不含税） 后，募集资金净额为 1,088,415,488.82 元。上述募集资金已于 2023 年 11 月 9 日 划至公司指定账户，经中审众环会计 ...

第一章 总则 第一条 为了规范佛山电器照明股份有限公司（以下简称 "公司"）控股子公司的经营管理行为，促进子公司健康发 展，有效控制经营风险，根据《中华人民共和国公司法》《中 华人民共和国证券法》《深圳证券交易所股票上市规则》《深 圳证券交易所上市公司规范运作指引》等法律、行政法规及 《佛山电器照明股份有限公司章程》（以下简称《公司章程》） 的规定，结合公司的实际情况，制定本办法。 第二条 本办法所称"控股子公司"是指公司持有其50% 以上的股权，或者虽然持股比例在50%以下，但能够决定其董 事会半数以上成员的选任，或者通过协议或其他安排能够实 际控制的公司。 第三条 本办法适用于公司控股子公司。若控股子公司为 上市公众公司，其管理按照证监会、交易所有关规定及其公 司章程执行。 第四条 控股子公司应遵循本办法，根据自身经营特点和 环境条件（境外企业应结合当地法律法规），制定或调整其 章程等制度，以保证本办法的贯彻和执行。控股子公司控股 其他公司的，应参照本办法的要求，逐层建立对其下属子公 - 1 - 佛山电器照明股份有限公司 控股子公司管理办法（2025 年修订） 司的管理控制制度，并接受公司的监督。 第五条 ...